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Re: Obama: No Deal Without Tax Hikes

Originally Posted by Khayembii Communique

Balanced budget: Income = Expenditures

Solution to a budget deficit: increase income, reduce expenditures, a combination of both.

Are you really that stupid?

They only stupid people are those who believe that a 3% tax increase on high income earners is going to produce any significant amount of revenue. We don't have tax problem, we have an economy in the toilet and two and half years of ineffective policies and inept leadership.

Re: Obama: No Deal Without Tax Hikes

Originally Posted by upsideguy

OK children, playtime is over. The Republicans have lost this issue. Its time to tuck tail and get this thing done.

Yeah, no... I think they'll stick it out until Obama caves, as he's been known to do. The alternative is to continue negotiating and if need be, offer a short term solution. That puts it back in Obama's hands, who is of course free to go along or to collapse the governement and starve seniors. Being President, it's really his choice.

Re: Obama: No Deal Without Tax Hikes

Originally Posted by Taylor

They only stupid people are those who believe that a 3% tax increase on high income earners is going to produce any significant amount of revenue. We don't have tax problem, we have an economy in the toilet and two and half years of ineffective policies and inept leadership.

increasing revenue is only a facade that the class warfare types proffer. The real goal is two fold

1) to try to convince the weakminded that the dems have a way to pay for the increased spending they will engage in

Re: Obama: No Deal Without Tax Hikes

Originally Posted by upsideguy

OK children, playtime is over. The Republicans have lost this issue. Its time to tuck tail and get this thing done. Raise the debt limit, lick your wounds and live to see another political day. Even the US Chamber of Commerce is saying "no more worry about deficit reduction, tax increases or decreases....just get'er done"

".....Chamber President Tom Donohue said in a statement announcing the letter that an “unprecedented default on the nation’s bills would have dire consequences for our economy, our markets, and Main Street Americans....."

When are you [Republicans] going to learn that you are getting very bad counsel from the guys at the Tea Party. They look friendly, but they are your worst enemy. You missed an opportunity to get a good deal, but you blew it. Further pursuit of this issue is death to Republicans. Just do the responsible thing and raise the debt limit without conditions.

The republicans will raise the debt ceiling. Their corporate overloads have decided, and to hell with the Tea Party